(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Careers

Four steps to developing superhuman focus

Here’s how you can tune out relentless distractions and do your best work. By Jessica Hubbard The Hungarian American psychologist Mihaly Csikszentmihalyi identified the psychological state of “flow” in 1975 — describing a state of deep immersion in a single activity or task. In this state, external “noise” is naturally muted. Research by McKinsey has shown that when… Read More Four steps to developing superhuman focus

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Health

Five ways to beat burnout

By Luke O’Neill When work bleeds into life and leisure, telltale signs of burnout can appear: exhaustion, disillusionment, and apathy. In a world where devices and software hook everybody into busy connectedness, where emails never stop arriving, and work can be done just about anywhere, burnout is a global problem.  Of about 2,800 senior managers… Read More Five ways to beat burnout

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Financial Services

The bright side of anti-money laundering rules

Knowing your customer is more important than ever in anti-money laundering regulations. It could also be good for business. By Penny Pryor As the Australian accounting profession awaits the inevitable introduction of Phase 2 anti-money laundering and counter-terrorism financing legislation (known as Tranche 2 in Australia) – which will increase accountants’ data capture and reporting… Read More The bright side of anti-money laundering rules

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Business Management

Banking on innovation

The development of virtual banks has pushed Hong Kong into a new era of financial innovation. A panel of industry experts discuss the potential costs and benefits at the Institute’s annual PAIB Conference. Anthony Chan reports. In May, the Hong Kong Monetary Authority (HKMA) prompted headlines like “A new era of smart banking in Hong… Read More Banking on innovation

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Tax

South Africa updates its tax anti-dividend stripping rules relating to share issues to third parties

South Africa updates its tax anti-dividend stripping rules relating to share issues to third parties − but does the introduction of the wording ‘effective interest’ in the drafting of this legislation achieve its purpose? By Madelein Grobler (Senior Tax Manager at EY), Shaheed Patel (Associate Tax Director at EY), Candice Van Den Berg CA (SA)… Read More South Africa updates its tax anti-dividend stripping rules relating to share issues to third parties